2023 Essential Financial and Operating Information for the 100 Largest Logistics Companies in North America
Up Front

Top 100 logistics firms keep growing despite freight market normalization in 2022

Logistics providers are adopting new tech, automating warehouse operations and optimizing fulfillment

Find out where the Top 100 Logistics companies are located by region; click links to view details about the company

Rankings
Rank Company Total Power Units
1 J.B. Hunt Transport Services 12,899
2 Penske Logistics 8,969
3 Ryder Supply Chain Solutions 8,930
4 Schneider 5,915
5 Werner Enterprises 5,450
6 NFI 5,000
7 Knight-Swift Transportation 4,857
8 Ruan 3,813
9 Cardinal Logistics 3,450
10 C.R. England Inc. 3,000
11 U.S. Xpress Enterprises 2,696
12 Solistica 2,339
est
13 CRST The Transportation Solution 2,302
14 Day & Ross 2,145
15 Marten Transport 1,706
16 DHL Supply Chain 1,490
17 Universal Logistics Holdings 1,443
18 Averitt Express 1,398
19 TFI International 1,382
est
20 Covenant Logistics Group 1,317
21 Hub Group 972
22 Paper Transport/PTI Logistics 950
23 Venture Logistics 850
est
24 Cowan Logistics 766
est
25 AIM Integrated Logistics 722
est
26 Blackhawk Transport 694
27 Ceva Logistics (North America) 604
est
28 Dupré Logistics 550
28 Bay and Bay Transportation 550
28 Lineage Logistics 550
est
31 A. Duie Pyle 529
32 UniGroup 520
33 Transervice Logistics 491
34 Best Logistics Group 450
35 Ascend 417
36 Scotlynn Group 360
37 Fidelitone 350
est
38 RXO 340
39 Legacy Supply Chain Services 285
40 Atech Logistics 261
41 East Coast Warehouse & Distribution 260
42 Saddle Creek Logistics Services 225
43 Syfan Logistics 222
44 AMX 214
45 Kenco Group 207
46 PAM Transport 200
est
47 Verst Logistics 190
48 Miller Transportation Group 183
49 FST Logistics 180
est
50 ITS Logistics 160
51 Evans Distribution Systems 155
Extras

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Inventory buildup and decreased transportation costs contribute to increased growth in 2022

 

Learn more about how companies are selected for Transport Topics' Top 100 largest logistics companies list

 

Logistics News
Business, Logistics

Seroka Sees Chance to Ease Ship Backlog by Summer Peak

U.S. supply chains have a chance to return to more normal operations after retailers replenish inventories next quarter, even if the next peak shipping season arrives sooner than usual, Port of Los Angeles Executive Director Gene Seroka said Feb. 9.

Laura Curtis | Bloomberg News
February 9, 2022
Business, Logistics

Maersk Sees Record Profit as Demand Surges

COPENHAGEN, Denmark — Maersk said that 2021 was its most profitable year yet, bringing in $18.7 billion as surging demand from a rebounding global economy led to supply chain logjams.

February 9, 2022
Government, Business, Safety, Logistics

Canada’s COVID-19 Protests Threaten Border Trade With US

OTTAWA — Canadian lawmakers expressed increasing worry about the economic effects of disruptive demonstrations after the busiest border crossing between the U.S. and Canada became partially blocked by truckers protesting vaccine mandates.

February 8, 2022
Government, Business, Logistics

Wave of US LNG Ships Headed to Europe Sends Freight Rates Below Zero

The cost to transport a shipment of U.S. liquefied natural gas to energy-starved Europe turned negative, a dramatic reversal that illustrates a growing glut of ships in the Atlantic ferrying American fuel.

Ann Koh | Bloomberg News
February 8, 2022
Business, Logistics

Metals Prices Reach Record as Shipping Costs Surge

Surging prices of the raw materials needed for refrigerators, automobiles, window frames and plumbing show no signs of abating as America’s supply chain crisis spills into another year.

Joe Deaux and Yvonne Yue Li | Bloomberg News
February 7, 2022
Business, Logistics

Amazon’s $191 Billion Jump Sets Record for Market Value Gain

Amazon.com Inc. shares surged 14% on Feb. 4, adding about $191 billion in market value, after investors cheered its fourth-quarter earnings report. The advance was the biggest single-day gain in U.S. stock market history.

February 4, 2022
Business, Logistics

CFI Plans to Upgrade Tractors, Raise Pay

TFI International operating company CFI on Feb. 2 detailed plans to upgrade its fleet equipment and increase driver pay this year.

February 4, 2022
Business, Equipment, Logistics, Top 100

Yellow Reports Mixed Q4, 2021 Results

Less-than-truckload carrier Yellow Corp. reported mixed year-over-year fourth-quarter and full year earnings.

Dan Ronan | Senior Reporter
February 3, 2022
Government, Business, Logistics

Kansas City Southern Earnings Rise

As it undertakes a $30 billion merger, Kansas City Southern released its fourth-quarter and full-year 2021 financial report on Jan. 28.

Dan Ronan | Senior Reporter
February 3, 2022
Government, Business, Logistics

Bulk Shipping Rates Extend Slide on Weak Demand From China

A slowdown in China’s steel production is curbing demand for bulk ships to transport iron ore, driving a steady decline in global freight rates from October’s peak.

Ann Koh | Bloomberg News
February 3, 2022
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